I want to see support around 211.31 in the 1 hr chart.
If that fails as a support, I would expect the zone around 210.45-210.66 to act as support in order to keep the trend.
The next support is 208.92
Fundamentally, Yellen said she is going to be patient w/ raising rates, so I think the market will climb higher w/ less fear of rising rates.
I am going to place a short April put spread position @205. Because I believe SPY is in an uptrend, and there are multiple resistances before 205, I think this is a safe bet. I think the market will hold above 205 in the next 2 months.